mortgagecorp.com.au

Last month ANZ was pleased to launch ANZ Portfolio which is a flexible line of credit that allows customers to simplify their home and investment lending under a single limit.

ANZ Portfolio provides customers with a simple way to put their equity to work by allowing the flexibility to open up to 12 Sub-accounts and the convenience of a broad choice of sub-account types and repayment options. Sub-accounts can be held in the name of one or more of the Portfolio holders (except the Primary Sub-account, which must be in the name of all Portfolio holders*).

Those named as the Sub-account holders, are authorised to operate and manage the Sub-account, however all Portfolio holders are liable for all Sub-accounts if they are in default.

* Exception where a Portfolio holder is a Company or Trust, in which case the Primary Sub-account will be in the name of the company or Trust only.

For more information about a Portfolio Loan please contact MortgageCorp on (02) 8014 4288 or use the contact page to send an online enquiry

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